Piraeus Bank, one of Greece’s largest banks, will be the first Greek bank to raise new capital on the markets since the start of the euro zone crisis.» Read More
European shares closed lower after choppy trading on Thursday, tracking falls on the U.S. equity markets, while a decline in French drugmaker Sanofi also weighed on the region's bourses.
With Greeks already struggling under wage and pension cuts imposed by the foreign lenders, many have been forced to brave the winter cold without heating to escape spiraling fuel prices.
Ireland's bank debt deal with the European Central Bank will reduce its borrowing needs by 20 billion euros over the next decade and cut its fiscal deficit by some 1 billion euros per annum, the country's prime minister said on Thursday.
Economic activity in the euro area will remain weak in early 2013 before gradually recovering later in the year, European Central Bank (ECB) President Mario Draghi said on Thursday.
CNBC's Steve Liesman talks with Charles Evans, Chicago Federal Reserve Bank president, about quantitative easing, unemployment, and fixing the nation's debt.
Olympic sprint champion Usain Bolt and other overseas athletes will be able to compete tax-free in this year's London Diamond League event at the Olympic Stadium after the British finance minister agreed to a "one-off" exemption.
The Bank of England kept its support for the economy steady on Thursday, voting to reinvest 6.6 billion pounds of bond holdings that mature in March and saying it would provide more stimulus if needed.
Horst Lochel, professor for economics at Frankfurt School of Finance, tells CNBC why the question of exchange rate policy will be the most pertinent one to come out of Mario Draghi's news conference.
Oliver Sarkozy, The Carlyle Group, discusses the company's recent acquisitions of TCW Group and Duff & Phelps, and weighs in on European risk, opportunities in equities, and the return of the retail investor.
Mark Carney, the next governor of the Bank of England, said on Thursday any rethink of how British monetary policy is run should be made carefully but changes should be looked at over time.
Chris Wheeler, bank analyst at Mediobanca, tells CNBC why it's so difficult to divorce the European banking system from sovereign debt.
Voters across Lombardy, the industrial heartland of Italy, which calls Milan its capital, may well decide the outcome of the election – and the fate of Mario Monti, Italy's technocratic prime minister now seeking a political mandate. The FT reports.
Political uncertainty over a corruption scandal and revived concerns over the economic health of the euro zone forced the Spanish Treasury to pay more to borrow at a triple-bond auction on Thursday.
After five years at the helm of telecoms company Alcatel-Lucent, CEO Ben Verwaayen has announced he is to step, down telling CNBC that the execution required to complete the firm's turnaround may be beyond his abilities.
Forget about statistics for employment and industrial production, it is being claimed that the price of a hamburger is showing where Europe's economic reforms are working - and where they are not.
Allan Valentiner, director of Fixed Income at Johannes Führ, tells CNBC that the ECB is going to hold short-term rates where they are for quite some time.
Steve Sedgwick takes you through the European market open, where stocks have come in flat.
As countries try to weaken their currencies to boost exports, the risk of a currency war similar to events seen in the 1930s has heightened, according to Morgan Stanley.
Credit Suisse will continue to cut costs aggressively as it seeks to keep profits stable in the wake of poor fourth-quarter earnings and a fragile macro-economic environment, CEO Brady Dougan told CNBC Thursday.
Bernard Charles, CEO of French technology group, Dassault Systemes, tells CNBC that it is 'prudent to be prudent' at the beginning of the year and not set up unrealistic targets.
Arseniy Yatsenyuk, Ukraine prime minister,s ays that "no-one will recognize" the Crimean referendum and that there will be "no concession."
Lindsey M. Piegza, chief economist at Sterne Agee, says that while the weather will continue to impact U.S. payrolls data, other factors will also be to blame for the weak numbers.
Rytis Vitkauskas, founder of YPlan and Vito Iaia, managing director at YPlan North America, discuss the app's global expansion following last week's "extremely successful" launch in San Francisco.